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Question : Which aggregate represents National income?

Option 1: NNP at FC

Option 2: NNP at MP

Option 3: NDP at FC

Option 4: NDP at MP


Team Careers360 21st Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: NNP at FC


Solution :

Net national product at factor cost refers to the next money value of all final goods and services produced by the normal resident of a country during a period of one year.
It is also knnown as National income or NNP at FC.

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